Karnataka courts investors; 2-day summit in Bengaluru in Feb

Seeking investments from both domestic and global investors, the Karnataka government today said the state has all the resources, particularly skilled manpower for businesses.
Inviting investors to participate in the 'Invest Karnataka' summit in February, Karnataka Minister for Large and Medium Industries and Infrastructure Development R V Deshpande said: "Investors should be respected and I do not like them running from one pillar to another. Investors should be received at red carpet."
He claimed that Karnataka's great strength is its skilled human resource.
"Today, every state is competing to attract investment, which is a good sign. Without investments, it is difficult to bring prosperity. It helps in job creation," he said here at a function organised by CII.

About concerns related with infrastructure, Deshpande said the state government is working to modernise all the infrastructure, including roads.
Speaking at the function, Kamal Bali, Volvo India Managing Director, said the company has huge investments in the state and "it is very satisfied".
"We have put three factories in Karnataka. Skilled talent is available in the state," he said.